ACME Lithium Inc has commenced a Phase Two geochemistry sampling program designed to develop further knowledge of lithium occurrences at its FLV claim group in Fish Lake Valley, Nevada.
A recent geological field review and sampling program at Fish Lake Valley, Nevada resulted in the highest surface lithium values to date with up to 1325 parts per million lithium.
The Phase Two sampling program is designed to focus on the higher-grade lithium rock anomalies and to expand into adjacent areas of similar geology and alteration in a southwest direction along the range front area, the company said. As a pilot project, the identification of this particular high-grade lithium target utilized ASTERRA's satellite-based technology, as part of the teaming agreement announced on January 26.
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Previous sampling has identified trends where anomalous lithium and boron values show structures that were open and receiving fluids at the time of mineralization. Those structural zones are targets for where lithium and boron mineralization could be hosted in structural blocks such as grabens.
The FLV claim group consists of 144 lode mining claims totaling approximately 2,975 acres, in Esmeralda County, Nevada.
ACME is well funded by strategic investors and positioned to complete its exploration and development objectives through the near term with the goal of providing a domestic supply of lithium to the US and Canadian markets.
Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com
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